OUE C-REIT is committed to fair and ethical business conduct with good corporate governance standards.
The Manager prioritises compliance with local laws and regulations that guide our day-to-day operations. We are kept abreast of changes to applicable laws and regulations with the support of the OUE Group Legal and Internal Audit teams. In 2021, several OUE Group-wide and Manager-specific policies and frameworks were reviewed and updated to ensure that these policies remain relevant and comply with regulatory requirements.
The OUE C-REIT Code of Business Conduct and Ethics (“Code”) spells out the principles that underpin our values. We view fraud, bribery and corruption as serious offences that will damage OUE C-REIT’s reputation and break the trust of our stakeholders. Employees are expected to abide by the Code which addresses issues such as business integrity, personal conflicts of interest, confidentiality and corporate gifts and entertainment.
The Manager has in place a whistle-blowing policy, and procedures whereby employees and any other person may, in confidence and in good faith, raise concerns about possible improprieties in matters of financial reporting or other matters, as well as any misconduct or wrongdoing relating to its officers without fear of reprisals in any form.
For more information, please view our Whistle-blowing policy.
The Manager is committed to identifying and understanding cyber security risks in our operations to safeguard OUE C-REIT from potential cyber incidents. We leverage on the expertise of the OUE Group IT team to establish our Technology Risk Management Framework and execute security practices which are in accordance with MAS guidelines on risk management principles and best practices.
For more information, please view our Sustainability Report.
The Manager recognises and embraces the importance and benefits of having a diverse Board to enhance the quality of the Board’s performance, and in supporting OUE C-REIT’s strategic objectives and sustainable development. The Board has implemented a board diversity policy which takes into account relevant measurable objectives such as skills, experience and knowledge, gender, age, ethnicity, nationality, cultural background, educational background, independence and length of service.
Board of Directors:
For more information, please view the Corporate Governance section in our Annual Report.